Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

Mass Psychology, there are not many buyers and sellers in the gap, when a stock gaps down and continue down, a lot of bag holder are praying for the stock to get back and "promise" to sell if it ever gets to the bottom of the gap, thus that becomes resistance, the same with the top of a gap, but not much within the gap. Try and look up charts with "Volume by price" to identify congested area.